Came across this article today, which I know is very late. I really liked your style of writing, as well as the overall content quality. The article covered pretty much all the aspects that one may want to know in this topic. Though I’m more curious to know where does Bharat stand now in terms of progress on this initiative, after 3 years.
This has been in my to read list for a long time. Brilliant narration for a layman to understand in detail. I saw the latest video that is out on iSpirit youtube channel too. Many thanks for taking this effort to put this together
This is a wonderfully written, and well-researched article. Kudos to the authors, RAHUL SANGHI and AARYAMAN.VIR for putting in the efforts. Explaining the intricacies of LSP and OCEN API is as a difficult task as it has been brilliantly executed. Thank you!
Super write up Rahul and Aryaman...was not aware of this blog....I am sure with this set up many lending players can do what Ant financial is doing in China and the best part is unlike China, in India upside is with multiple players and not just one player as India as public infrastructure. Just one question will there be any guidelines that LSPs must have more than one lender on their platform. My fear is my tech companies are in a monopoly situation like Swiggy or Uber or Urban company. If they tie up with just one or two lenders because they get more commission from them then customers will be losers....
Came across this article today, which I know is very late. I really liked your style of writing, as well as the overall content quality. The article covered pretty much all the aspects that one may want to know in this topic. Though I’m more curious to know where does Bharat stand now in terms of progress on this initiative, after 3 years.
Thanks so much Kanika! This might be helpful:
https://www.youtube.com/watch?v=VH2XLXBB2Sc&ab_channel=ProductNation%2FiSPIRT
This has been in my to read list for a long time. Brilliant narration for a layman to understand in detail. I saw the latest video that is out on iSpirit youtube channel too. Many thanks for taking this effort to put this together
Thanks so much Diwakar - appreciate you taking the time to read!
An excellently written and informative article about India's lending infrastructure of the future. Great job!
This is a wonderfully written, and well-researched article. Kudos to the authors, RAHUL SANGHI and AARYAMAN.VIR for putting in the efforts. Explaining the intricacies of LSP and OCEN API is as a difficult task as it has been brilliantly executed. Thank you!
I want to know if i have a msme how can i get access to it
Super write up Rahul and Aryaman...was not aware of this blog....I am sure with this set up many lending players can do what Ant financial is doing in China and the best part is unlike China, in India upside is with multiple players and not just one player as India as public infrastructure. Just one question will there be any guidelines that LSPs must have more than one lender on their platform. My fear is my tech companies are in a monopoly situation like Swiggy or Uber or Urban company. If they tie up with just one or two lenders because they get more commission from them then customers will be losers....
I guess that’s why LSPs are supposed to be agents of the borrower & not of the lender. Though how this is ensured, remains to be seen.